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Pills on Tim, Renzi Open on Icsa (Minniti), La Stampa celebrates Ilona Staller, the Truth on the Italy-France Treaty

2 years ago babelfish

Pills on Tim, Renzi Open on Icsa (Minniti), La Stampa celebrates Ilona Staller, the Truth on the Italy-France Treaty

Tim, Covid, Aifa, Renzi, Ilona Staller, Salvini and more. Bits of press review in the tweets of Michele Arnese, director of Start

THE TRUTH ABOUT THE ITALY-FRANCE TREATY

SUPER CHECKS ON THE SUPER GREEN PASS?

COVID? PEDIATRIC DISEASE FOR PALU '(AIFA)

OPEN (RENZI) ON ICSA (MINNITI)

THE 2 PER THOUSAND FOR THE 5 STARS

ELECTRONIC MOUNTAINS

THE GIANNINI PRESS CELEBRATES ILONA STALLER

THE CHERRY OF THE FOGLIO PER SALVINI

THE REPUBLIC ACCOUNTS ON TIM

QUISQUILIE & PINZILLACCHERE

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EXTRACT FROM AN ARTICLE OF THE REPUBLIC ABOUT TIM:

In three years of management, the Tim share has lost almost half of its value, recovering most of the losses in the week, after the announcement of the expression of interest by Kkr which on Sunday made a "friendly non-binding" offer at a price " indicative "of € 0.505 both for ordinary shares (yesterday -2.6% to € 0.48) and for savings (-1.29% to € 0.45).

During the Gubitosi management, according to the Standard & Poor's agency – which has just cut the credit rating from Bb + to Bb (two steps below the investment level) – the ratio between debt and EBITDA jumped from 3.2 to 4.3 times. And this despite the sale of precious pieces such as the Inwit towers, the consumer credit business and the 37.5% of FiberCop, the network that enters Italian homes from the lockers, which was sold to Kkr one year ago. The contract with Dazn, which provides for guaranteed minimums of 340 million a year and which in the first half of the year cost 70 million between networks and equipment, gave the coup de grace to the accounts and undermined the trust that the current partners had placed in Gubitosi alone. last March, when the manager was re-elected by 99% of the assembly, with a mandate that was due to expire in March 2024.
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EXCERPT FROM AN ARTICLE FROM THE SUN 24 ORE ABOUT TIM:

On the table again the examination of the contract with Dazn on football. The mayors would have noted the "variance of a few hundred million in revenues, largely linked to the disappointing results of the partnership with Dazn, " reports Ansa. It was not possible to verify whether a press release was issued at the end of the college, which would have deliberated with a majority of three out of five members. However, the matter has been referred back to today's council, as is known. The contract with Dazn had already been the subject of the profit warning at the end of October. The market does not yet know in detail the terms of the contract (which would in any case provide for a guaranteed minimum of 340 million per year), nor, with precision, its effects on the group's accounts. The statutory auditors would have asked management for a report on the planned investments and related costs to verify their consistency from an accounting point of view and the guidance provided to the market. This is certainly a point on which to dispel all doubts before giving the green light to the due diligence requested by Kkr.

This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/tim-renzi-open-ilona-staller-salvini-trattato/ on Fri, 26 Nov 2021 10:05:10 +0000.